Skanska launches green office project in Poland - invests EUR 36 M, about SEK 330 M, construction contract amounts to EUR 23 M, about SEK 210 M

Skanska launches green office project in Poland - invests EUR 36 M,
about SEK 330 M, construction contract amounts to EUR 23 M, about SEK
210 M

Skanska is to develop and construct a new office property with a strong
environmental profile in Warsaw, Poland. Skanska's investment amounts to
approximately EUR 36 M, about SEK 330 M, for the first phase, which
comprises 14,000 square meters of leasable space.

Skanska will serve as the construction manager for the project, which is
valued at EUR 23 M, about SEK 210 M, and will be included in
fourth-quarter order bookings.
The property, which has been named Green Corner, is designed to comply
with requirements for LEED Platinum certification; the highest level in
the international LEED environmental rating system.
The office property is located on Chlodna Street in central Warsaw. On
full completion, the Green Corner will include two seven-story buildings
with a total of 27,500 square meters of floor space.
"We have noted increased activity in the Polish office market and can
thus immediately commence work on the project before we have signed any
rental contracts. Tenants and investors are primarily looking for
flexible and environmentally sound offices with a good working
environment," says Nicklas Lindberg, Managing Director of Skanska
Property Poland.
Construction work will commence in the autumn and the first phase is
scheduled for completion in mid-2012.
Skanska Commercial Development Europe initiates and develops property
projects in office, logistics and commercial buildings. The company's
operations are concentrated in metropolitan areas in Hungary, the Czech
Republic and Poland and are conducted in three local units: Skanska
Property Czech Republic, Skanska Property Hungary and Skanska Property
Poland.
For further information, please contact:
Nicklas Lindberg, Managing Director, Skanska Property Poland, tel +48
502 746 025
Peter Gimbe, Press Officer, Skanska AB, tel. +46 10 448 88 38
Direct line for media: +46 (0)10 448 88 99
This and previous releases can also be found at
www.skanska.com (http://www.skanska.se/)
The information is such that Skanska AB is obligated to publish in
accordance with the Swedish Securities Markets Act.
Skanska is one of the world's leading project development and
construction groups with expertise in construction, development of
commercial and residential projects and public-private partnerships.
Based on the Group's global environmental know-how, Skanska aims to
become customers' first choice in terms of Green projects. The Group
currently has 49,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales for 2009 totaled SEK 137 billion.